The Home Of Cycling Charitable Trust — Health Charity in Cambridge

The Home Of Cycling Charitable Trust is a Trust charity in the Health sector, based in Cambridge, Cambridge. This organisation also provides funding to other charities. CharityData rates this charity C (63.3/100). Annual revenue: $2.7M NZD. 1 red flag detected. Financial data as at March 2026.

Mission: The Trust's purpose is to improve the conditions of life for the public at large by promoting health, fitness and physical wellbeing through the development of a publicly available cycling and related facilities for public recreation

Registration Number
CC47516
Charity Type
Trust
Registration Date
2012-03-08
Status
Active
CharityData Rating
C (63.3/100)
Sector
Health
Location
Cambridge, Cambridge
Email
miff.macdiarmid@velodrome.nz
Funder Status
Grant-making charity (charitable_trust)
Data as at
March 2026

Beneficiaries: Children / young people, General public

Financial Summary

Total Revenue
$2.7M NZD
Total Expenses
$2.8M NZD
Total Assets
$22.7M NZD
Net Assets
$18.5M NZD
Reserve Months
8.7 months of operating expenses
Staff Count
48
Financial Year End
2026-03-31

Financial History

YearRevenueExpensesNet Assets
2026$2.7M$2.8M$18.5M
2025$2.4M$2.9M$18.7M
2024$2.1M$3.3M$19.2M
2023$1.6M$3.3M$20.3M
2022$1.8M$2.9M$22.0M
2021$1.9M$2.7M$23.2M
2020$1.9M$2.9M$24.0M
2019$3.1M$3.0M$25.0M
2018$2.9M$2.7M$24.8M
2017$3.0M$2.6M$24.6M

CharityData Rating

Overall Grade
C
Overall Score
63.3/100
Financial Score
72.5
Governance Score
75
Transparency Score
65

Red Flags

  • 2 trustees of this charity also sit on multiple other charity boards — concentrated trustee bandwidth may warrant board-skill-mix review.

Board Members and Officers

Current Officers (0)

NameRoleAppointed

Former Officers (33)

  • Brent Baldwin — Trustee
  • Michael Calvert — Trustee
  • Shem Rodger — Trustee
  • Michelle Macdiarmid — General Manager
  • Simon Perry — Chair
  • Dion Merson — General Manager (departed 2025-11-18)
  • Marc Scott — Trustee
  • Fiona Carrack — Trustee
  • Alfred Pacey — Trustee
  • Scott Fairbairn — Trustee (departed 2024-05-26)
  • James Harvey — Trustee
  • Alexandra Cutler — Trustee (departed 2022-09-07)
  • Megan Campbell — Trustee (departed 2020-11-30)
  • Ian Sutcliffe — Trustee (departed 2023-02-14)
  • Graeme Maw — Trustee (departed 2025-08-22)
  • John Mason — Trustee (departed 2022-10-14)
  • Jennifer Palmer — Trustee
  • Anthony Gainsford — Trustee (departed 2020-11-30)
  • Gwendoline Keel — Trustee (departed 2017-12-31)
  • Susan Paterson — Trustee (departed 2019-10-15)

Funding Sources

  • Grassroots Trust Limited — $1,520,503.54
  • The Lion Foundation — $45,932
  • Trillian Trust — $10,000

Similar Charities in Health

FunderHealthTrustCharitable Trust

The Home Of Cycling Charitable Trust

CC47516Cambridge, CambridgeRegistered 8 Mar 2012
Data updated: 3 days ago
Financials6mo agoRating2d ago

Financial data as at March 2026. Sourced from Charities Services register.

C
63/100
Reduced by penalties
Financial
73
Governance
75
Transparency
65
Revenue

$2.7M

Expenses

$2.8M

Assets

$22.7M

Staff

48

Financial data from Charities Services annual return (FY2026). Ratings calculated using CharityData v3.1.1 methodology.

1 red flag identified- Review the Rating tab for details

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

Funder Profile

Grantmaker

This organisation makes grants or donations to other charities and organisations.

Funding Sectors
HealthSports & Recreation
Beneficiaries
General Public
Geographic Focus
Nationwide

About

Mission

The Trust's purpose is to improve the conditions of life for the public at large by promoting health, fitness and physical wellbeing through the development of a publicly available cycling and related facilities for public recreation

Who We Serve

Beneficiaries
Children / young peopleGeneral public

Key Statistics

Annual Revenue
$2.7M
Total Expenses
$2.8M
Net Assets
$18.5M
Staff
48
employees

Financial Trends

Financial Trends (14 Years)

Revenue Breakdown

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
8.7mo
Could operate 8.7 months with zero revenue
Healthy
Fundraising Cost
-
No fundraising data
No data

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

7
Score /100
Highly Concentrated
HHI: 9,339
High Concentration: 97% of revenue from Other
Other96.6%
Donations2.6%
Investment Income0.7%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 67 peers · Health · $1M – $10M

Rating Score
63
#31/68
Revenue
$2.7M
#24/68
Reserve Months
8.7
#1/68
Surplus
$-90K
#62/68
Staff Cost %
26%
#68/68

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating History

C
2026
Score: 63.3
Financial: 73 | Governance: 75 | Transparency: 65
Current
D+
2025
Score: 51.5
Financial: 70 | Governance: 75 | Transparency: 65

Rating

C
Score: 63.3/100
Financial
72.5
Governance
75
Transparency
65
Why this grade: Financial 73 × 40% + Governance 75 × 60% = 74 → 63 after red-flag penalties → C.
View Full Score Breakdown

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Contact Details

Address
Cambridge, Cambridge

Registration

Registration NumberCC47516
Entity TypeTrust
Registered8 Mar 2012
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated21 Jul 2011
Registered office
360 Tristram Street, Hamilton Central, Hamilton
Differs from Charities Register address (15 Hanlin Road, Cambridge, 3283, Cambridge, Cambridge). May be stale on either register — verify with the charity if material.

Sector & Activities

Primary Sector
Health
Activities
Provides buildings / facilities / open space

Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 28 September 2026.